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Car Care Solvents Market By Type, By Application, By End-use: Global Opportunity Analysis and Industry Forecast, 2021-2031

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    Report

  • 315 Pages
  • September 2022
  • Region: Global
  • Allied Market Research
  • ID: 5713187
The global car care solvent market was valued at $1.1 billion in 2021, and is projected to reach $2.0 billion by 2031, growing at a CAGR of 6.3% from 2022 to 2031.

Car care solvents are high-performing chemicals used to enhance the aesthetic appearance of cars and improve durability, shine, aesthetics, and other maintenance factors of cars. They are widely utilized for car cleaning, refinishing, paint restoration, car polishing, and other applications. Some examples of car care solvents include acetone, xylene, toluene, mineral spirits, propylene glycol, and others.

The steadily growing application of a wide range of car care solvents such as acetone, toluene, mineral spirits, and others, for automotive cleaning, paint restoration, car detailing, degreasing, and other applications is the major key market trend. Furthermore, factors such as rise in disposable income coupled with increase in number of authorized and non-authorized service centers in both developed and developing economies where car solvents are widely employed for maintenance and repair-related activities may contribute to the growth of the car care solvent market.

However, health-related disorders associated with the use of car care solvent are expected to hamper the growth of the market during the forecast period.

On the contrary, disposable income of individuals has been increasing considerably across the globe. For instance, according to the Organization for Economic Co-operation and Development (OECD) statistics, the disposable income in OECD countries witnessed a growth of 1.7% in 2021. In addition, according to the China government, China’s per capita disposable income observed an increase of 8.1% in 2021. In addition, increase in trend of vehicle customization has been witnessed, owing to rise in disposable income as car owners are more conscious about the looks and aesthetics of the car. This factor is projected to enhance the demand for car care solvents used in refinishing, car detailing, and other applications; thus, creating lucrative opportunities for the car care solvents market.

The car care solvent market is segmented into type, application, end use, and region. On the basis of type, the market is bifurcated into acetone, mineral spirits, toluene, isopropyl alcohol, propylene glycol, and others. By application, the market is classified into interior, and exterior. Depending on end use, it is fragmented into service centers and garages, and personal. Region-wise, the market is studied across North America, Europe, Asia-Pacific, and LAMEA.

The global car care solvent market profiles leading players that include BASF SE, Car Clean Products NZ Ltd., CRC Industries, DOW INC., Eastman Chemical Company, Exxon Mobil Corporation, INEOS, Kleanstrip, Momar Inc., Recochem Corporation, RelaDyne LLC, Rust-Oleum, Solventis, Sunnyside Corporation, and Solvents & Petroleum Service, Inc. The global car care solvent market report provides in-depth competitive analysis as well as profiles of these major players.

Key Benefits For Stakeholders

  • This report provides a quantitative analysis of the market segments, current trends, estimations, and dynamics of the car care solvents market analysis from 2021 to 2031 to identify the prevailing car care solvents market opportunities.
  • The market research is offered along with information related to key drivers, restraints, and opportunities.
  • Porter's five forces analysis highlights the potency of buyers and suppliers to enable stakeholders make profit-oriented business decisions and strengthen their supplier-buyer network.
  • In-depth analysis of the car care solvents market segmentation assists to determine the prevailing market opportunities.
  • Major countries in each region are mapped according to their revenue contribution to the global market.
  • Market player positioning facilitates benchmarking and provides a clear understanding of the present position of the market players.
  • The report includes the analysis of the regional as well as global car care solvents market trends, key players, market segments, application areas, and market growth strategies.

Key Market Segments

By Type

  • Acetone
  • Mineral Spirits
  • Toluene
  • Isopropyl Alcohol
  • Propylene Glycol
  • Others

By End-use

  • Service Centres and Garages
  • Personal

By Application

  • Interior
  • Exterior

By Region

  • North America
  • Canada
  • Mexico
  • U.S.
  • Europe
  • UK
  • France
  • Spain
  • Germany
  • Italy
  • Russia
  • Rest of Europe
  • Asia-Pacific
  • China
  • India
  • Japan
  • South Korea
  • Australia
  • Rest of Asia-Pacific
  • LAMEA
  • Brazil
  • Saudi Arabia
  • South Africa
  • Rest of LAMEA

Key Market Players

  • Rust-Oleum
  • INEOS
  • Eastman Chemical Company
  • Penn Tool Co. Inc.
  • Dow
  • Knowde Group
  • sunnyside corporation
  • MOMAR
  • Auto-Wares Group of Companies
  • Exxon Mobil Corporation
  • Ducan Automotive
  • Recochem Corporation
  • Solventis
  • BASF SE
  • RelaDyne LLC.
Frequently Asked Questions about the Global Car Care Solvent Market

What is the estimated value of the Global Car Care Solvent Market?

The Global Car Care Solvent Market was estimated to be valued at $1.1 billion in 2021.

What is the growth rate of the Global Car Care Solvent Market?

The growth rate of the Global Car Care Solvent Market is 6.2%, with an estimated value of $2 billion by 2031.

What is the forecasted size of the Global Car Care Solvent Market?

The Global Car Care Solvent Market is estimated to be worth $2 billion by 2031.

Who are the key companies in the Global Car Care Solvent Market?

Key companies in the Global Car Care Solvent Market include Rust, Oleum, INEOS, Eastman Chemical Company, Penn Tool Co. Inc., Dow, Knowde Group, sunnyside corporation and Auto.

Table of Contents

CHAPTER 1: INTRODUCTION
1.1. Report description
1.2. Key market segments
1.3. Key benefits to the stakeholders
1.4. Research Methodology
1.4.1. Secondary research
1.4.2. Primary research
1.4.3. Analyst tools and models

CHAPTER 2: EXECUTIVE SUMMARY
2.1. Key findings of the study
2.2. CXO Perspective

CHAPTER 3: MARKET OVERVIEW
3.1. Market definition and scope
3.2. Key findings
3.2.1. Top investment pockets
3.3. Porter’s five forces analysis
3.4. Top player positioning
3.5. Market dynamics
3.5.1. Drivers
3.5.2. Restraints
3.5.3. Opportunities
3.6. COVID-19 Impact Analysis on the market
3.7. Pricing Analysis
3.8. Value Chain Analysis
3.9. Key Regulation Analysis
3.10. Patent Landscape

CHAPTER 4: CAR CARE SOLVENTS MARKET, BY TYPE
4.1 Overview
4.1.1 Market size and forecast
4.2 Acetone
4.2.1 Key market trends, growth factors and opportunities
4.2.2 Market size and forecast, by region
4.2.3 Market analysis by country
4.3 Mineral Spirits
4.3.1 Key market trends, growth factors and opportunities
4.3.2 Market size and forecast, by region
4.3.3 Market analysis by country
4.4 Toluene
4.4.1 Key market trends, growth factors and opportunities
4.4.2 Market size and forecast, by region
4.4.3 Market analysis by country
4.5 Isopropyl Alcohol
4.5.1 Key market trends, growth factors and opportunities
4.5.2 Market size and forecast, by region
4.5.3 Market analysis by country
4.6 Propylene Glycol
4.6.1 Key market trends, growth factors and opportunities
4.6.2 Market size and forecast, by region
4.6.3 Market analysis by country
4.7 Others
4.7.1 Key market trends, growth factors and opportunities
4.7.2 Market size and forecast, by region
4.7.3 Market analysis by country

CHAPTER 5: CAR CARE SOLVENTS MARKET, BY APPLICATION
5.1 Overview
5.1.1 Market size and forecast
5.2 Interior
5.2.1 Key market trends, growth factors and opportunities
5.2.2 Market size and forecast, by region
5.2.3 Market analysis by country
5.3 Exterior
5.3.1 Key market trends, growth factors and opportunities
5.3.2 Market size and forecast, by region
5.3.3 Market analysis by country

CHAPTER 6: CAR CARE SOLVENTS MARKET, BY END-USE
6.1 Overview
6.1.1 Market size and forecast
6.2 Service Centres and Garages
6.2.1 Key market trends, growth factors and opportunities
6.2.2 Market size and forecast, by region
6.2.3 Market analysis by country
6.3 Personal
6.3.1 Key market trends, growth factors and opportunities
6.3.2 Market size and forecast, by region
6.3.3 Market analysis by country

CHAPTER 7: CAR CARE SOLVENTS MARKET, BY REGION
7.1 Overview
7.1.1 Market size and forecast
7.2 North America
7.2.1 Key trends and opportunities
7.2.2 North America Market size and forecast, by Type
7.2.3 North America Market size and forecast, by Application
7.2.4 North America Market size and forecast, by End-use
7.2.5 North America Market size and forecast, by country
7.2.5.1 U.S.
7.2.5.1.1 Market size and forecast, by Type
7.2.5.1.2 Market size and forecast, by Application
7.2.5.1.3 Market size and forecast, by End-use
7.2.5.2 Canada
7.2.5.2.1 Market size and forecast, by Type
7.2.5.2.2 Market size and forecast, by Application
7.2.5.2.3 Market size and forecast, by End-use
7.2.5.3 Mexico
7.2.5.3.1 Market size and forecast, by Type
7.2.5.3.2 Market size and forecast, by Application
7.2.5.3.3 Market size and forecast, by End-use
7.3 Europe
7.3.1 Key trends and opportunities
7.3.2 Europe Market size and forecast, by Type
7.3.3 Europe Market size and forecast, by Application
7.3.4 Europe Market size and forecast, by End-use
7.3.5 Europe Market size and forecast, by country
7.3.5.1 Germany
7.3.5.1.1 Market size and forecast, by Type
7.3.5.1.2 Market size and forecast, by Application
7.3.5.1.3 Market size and forecast, by End-use
7.3.5.2 UK
7.3.5.2.1 Market size and forecast, by Type
7.3.5.2.2 Market size and forecast, by Application
7.3.5.2.3 Market size and forecast, by End-use
7.3.5.3 France
7.3.5.3.1 Market size and forecast, by Type
7.3.5.3.2 Market size and forecast, by Application
7.3.5.3.3 Market size and forecast, by End-use
7.3.5.4 Spain
7.3.5.4.1 Market size and forecast, by Type
7.3.5.4.2 Market size and forecast, by Application
7.3.5.4.3 Market size and forecast, by End-use
7.3.5.5 Italy
7.3.5.5.1 Market size and forecast, by Type
7.3.5.5.2 Market size and forecast, by Application
7.3.5.5.3 Market size and forecast, by End-use
7.3.5.6 Russia
7.3.5.6.1 Market size and forecast, by Type
7.3.5.6.2 Market size and forecast, by Application
7.3.5.6.3 Market size and forecast, by End-use
7.3.5.7 Rest of Europe
7.3.5.7.1 Market size and forecast, by Type
7.3.5.7.2 Market size and forecast, by Application
7.3.5.7.3 Market size and forecast, by End-use
7.4 Asia-Pacific
7.4.1 Key trends and opportunities
7.4.2 Asia-Pacific Market size and forecast, by Type
7.4.3 Asia-Pacific Market size and forecast, by Application
7.4.4 Asia-Pacific Market size and forecast, by End-use
7.4.5 Asia-Pacific Market size and forecast, by country
7.4.5.1 China
7.4.5.1.1 Market size and forecast, by Type
7.4.5.1.2 Market size and forecast, by Application
7.4.5.1.3 Market size and forecast, by End-use
7.4.5.2 India
7.4.5.2.1 Market size and forecast, by Type
7.4.5.2.2 Market size and forecast, by Application
7.4.5.2.3 Market size and forecast, by End-use
7.4.5.3 Japan
7.4.5.3.1 Market size and forecast, by Type
7.4.5.3.2 Market size and forecast, by Application
7.4.5.3.3 Market size and forecast, by End-use
7.4.5.4 South Korea
7.4.5.4.1 Market size and forecast, by Type
7.4.5.4.2 Market size and forecast, by Application
7.4.5.4.3 Market size and forecast, by End-use
7.4.5.5 Australia
7.4.5.5.1 Market size and forecast, by Type
7.4.5.5.2 Market size and forecast, by Application
7.4.5.5.3 Market size and forecast, by End-use
7.4.5.6 Rest of Asia-Pacific
7.4.5.6.1 Market size and forecast, by Type
7.4.5.6.2 Market size and forecast, by Application
7.4.5.6.3 Market size and forecast, by End-use
7.5 LAMEA
7.5.1 Key trends and opportunities
7.5.2 LAMEA Market size and forecast, by Type
7.5.3 LAMEA Market size and forecast, by Application
7.5.4 LAMEA Market size and forecast, by End-use
7.5.5 LAMEA Market size and forecast, by country
7.5.5.1 Brazil
7.5.5.1.1 Market size and forecast, by Type
7.5.5.1.2 Market size and forecast, by Application
7.5.5.1.3 Market size and forecast, by End-use
7.5.5.2 Saudi Arabia
7.5.5.2.1 Market size and forecast, by Type
7.5.5.2.2 Market size and forecast, by Application
7.5.5.2.3 Market size and forecast, by End-use
7.5.5.3 South Africa
7.5.5.3.1 Market size and forecast, by Type
7.5.5.3.2 Market size and forecast, by Application
7.5.5.3.3 Market size and forecast, by End-use
7.5.5.4 Rest of LAMEA
7.5.5.4.1 Market size and forecast, by Type
7.5.5.4.2 Market size and forecast, by Application
7.5.5.4.3 Market size and forecast, by End-use

CHAPTER 8: COMPANY LANDSCAPE
8.1. Introduction
8.2. Top winning strategies
8.3. Product Mapping of Top 10 Player
8.4. Competitive Dashboard
8.5. Competitive Heatmap
8.6. Key developments

CHAPTER 9: COMPANY PROFILES
9.1 Rust-Oleum
9.1.1 Company overview
9.1.2 Company snapshot
9.1.3 Operating business segments
9.1.4 Product portfolio
9.1.5 Business performance
9.1.6 Key strategic moves and developments
9.2 INEOS
9.2.1 Company overview
9.2.2 Company snapshot
9.2.3 Operating business segments
9.2.4 Product portfolio
9.2.5 Business performance
9.2.6 Key strategic moves and developments
9.3 Eastman Chemical Company
9.3.1 Company overview
9.3.2 Company snapshot
9.3.3 Operating business segments
9.3.4 Product portfolio
9.3.5 Business performance
9.3.6 Key strategic moves and developments
9.4 Penn Tool Co. Inc.
9.4.1 Company overview
9.4.2 Company snapshot
9.4.3 Operating business segments
9.4.4 Product portfolio
9.4.5 Business performance
9.4.6 Key strategic moves and developments
9.5 Dow
9.5.1 Company overview
9.5.2 Company snapshot
9.5.3 Operating business segments
9.5.4 Product portfolio
9.5.5 Business performance
9.5.6 Key strategic moves and developments
9.6 Knowde Group
9.6.1 Company overview
9.6.2 Company snapshot
9.6.3 Operating business segments
9.6.4 Product portfolio
9.6.5 Business performance
9.6.6 Key strategic moves and developments
9.7 sunnyside corporation
9.7.1 Company overview
9.7.2 Company snapshot
9.7.3 Operating business segments
9.7.4 Product portfolio
9.7.5 Business performance
9.7.6 Key strategic moves and developments
9.8 MOMAR
9.8.1 Company overview
9.8.2 Company snapshot
9.8.3 Operating business segments
9.8.4 Product portfolio
9.8.5 Business performance
9.8.6 Key strategic moves and developments
9.9 Auto-Wares Group of Companies
9.9.1 Company overview
9.9.2 Company snapshot
9.9.3 Operating business segments
9.9.4 Product portfolio
9.9.5 Business performance
9.9.6 Key strategic moves and developments
9.10 Exxon Mobil Corporation
9.10.1 Company overview
9.10.2 Company snapshot
9.10.3 Operating business segments
9.10.4 Product portfolio
9.10.5 Business performance
9.10.6 Key strategic moves and developments
9.11 Ducan Automotive
9.11.1 Company overview
9.11.2 Company snapshot
9.11.3 Operating business segments
9.11.4 Product portfolio
9.11.5 Business performance
9.11.6 Key strategic moves and developments
9.12 Recochem Corporation
9.12.1 Company overview
9.12.2 Company snapshot
9.12.3 Operating business segments
9.12.4 Product portfolio
9.12.5 Business performance
9.12.6 Key strategic moves and developments
9.13 Solventis
9.13.1 Company overview
9.13.2 Company snapshot
9.13.3 Operating business segments
9.13.4 Product portfolio
9.13.5 Business performance
9.13.6 Key strategic moves and developments
9.14 BASF SE
9.14.1 Company overview
9.14.2 Company snapshot
9.14.3 Operating business segments
9.14.4 Product portfolio
9.14.5 Business performance
9.14.6 Key strategic moves and developments
9.15 RelaDyne LLC.
9.15.1 Company overview
9.15.2 Company snapshot
9.15.3 Operating business segments
9.15.4 Product portfolio
9.15.5 Business performance
9.15.6 Key strategic moves and developments

List of Tables
Table 1. Global Car Care Solvents Market, by Type, 2021-2031 ($Million)
Table 2. Global Car Care Solvents Market, by Type, 2021-2031 (Kiloton)
Table 3. Car Care Solvents Market, for Acetone, by Region, 2021-2031 ($Million)
Table 4. Car Care Solvents Market, for Acetone, by Region, 2021-2031 (Kiloton)
Table 5. Car Care Solvents Market for Acetone, by Country, 2021-2031 ($Million)
Table 6. Car Care Solvents Market for Acetone, by Country, 2021-2031 (Kiloton)
Table 7. Car Care Solvents Market, for Mineral Spirits, by Region, 2021-2031 ($Million)
Table 8. Car Care Solvents Market, for Mineral Spirits, by Region, 2021-2031 (Kiloton)
Table 9. Car Care Solvents Market for Mineral Spirits, by Country, 2021-2031 ($Million)
Table 10. Car Care Solvents Market for Mineral Spirits, by Country, 2021-2031 (Kiloton)
Table 11. Car Care Solvents Market, for Toluene, by Region, 2021-2031 ($Million)
Table 12. Car Care Solvents Market, for Toluene, by Region, 2021-2031 (Kiloton)
Table 13. Car Care Solvents Market for Toluene, by Country, 2021-2031 ($Million)
Table 14. Car Care Solvents Market for Toluene, by Country, 2021-2031 (Kiloton)
Table 15. Car Care Solvents Market, for Isopropyl Alcohol, by Region, 2021-2031 ($Million)
Table 16. Car Care Solvents Market, for Isopropyl Alcohol, by Region, 2021-2031 (Kiloton)
Table 17. Car Care Solvents Market for Isopropyl Alcohol, by Country, 2021-2031 ($Million)
Table 18. Car Care Solvents Market for Isopropyl Alcohol, by Country, 2021-2031 (Kiloton)
Table 19. Car Care Solvents Market, for Propylene Glycol, by Region, 2021-2031 ($Million)
Table 20. Car Care Solvents Market, for Propylene Glycol, by Region, 2021-2031 (Kiloton)
Table 21. Car Care Solvents Market for Propylene Glycol, by Country, 2021-2031 ($Million)
Table 22. Car Care Solvents Market for Propylene Glycol, by Country, 2021-2031 (Kiloton)
Table 23. Car Care Solvents Market, for Others, by Region, 2021-2031 ($Million)
Table 24. Car Care Solvents Market, for Others, by Region, 2021-2031 (Kiloton)
Table 25. Car Care Solvents Market for Others, by Country, 2021-2031 ($Million)
Table 26. Car Care Solvents Market for Others, by Country, 2021-2031 (Kiloton)
Table 27. Global Car Care Solvents Market, by Application, 2021-2031 ($Million)
Table 28. Global Car Care Solvents Market, by Application, 2021-2031 (Kiloton)
Table 29. Car Care Solvents Market, for Interior, by Region, 2021-2031 ($Million)
Table 30. Car Care Solvents Market, for Interior, by Region, 2021-2031 (Kiloton)
Table 31. Car Care Solvents Market for Interior, by Country, 2021-2031 ($Million)
Table 32. Car Care Solvents Market for Interior, by Country, 2021-2031 (Kiloton)
Table 33. Car Care Solvents Market, for Exterior, by Region, 2021-2031 ($Million)
Table 34. Car Care Solvents Market, for Exterior, by Region, 2021-2031 (Kiloton)
Table 35. Car Care Solvents Market for Exterior, by Country, 2021-2031 ($Million)
Table 36. Car Care Solvents Market for Exterior, by Country, 2021-2031 (Kiloton)
Table 37. Global Car Care Solvents Market, by End-Use, 2021-2031 ($Million)
Table 38. Global Car Care Solvents Market, by End-Use, 2021-2031 (Kiloton)
Table 39. Car Care Solvents Market, for Service Centres and Garages, by Region, 2021-2031 ($Million)
Table 40. Car Care Solvents Market, for Service Centres and Garages, by Region, 2021-2031 (Kiloton)
Table 41. Car Care Solvents Market for Service Centres and Garages, by Country, 2021-2031 ($Million)
Table 42. Car Care Solvents Market for Service Centres and Garages, by Country, 2021-2031 (Kiloton)
Table 43. Car Care Solvents Market, for Personal, by Region, 2021-2031 ($Million)
Table 44. Car Care Solvents Market, for Personal, by Region, 2021-2031 (Kiloton)
Table 45. Car Care Solvents Market for Personal, by Country, 2021-2031 ($Million)
Table 46. Car Care Solvents Market for Personal, by Country, 2021-2031 (Kiloton)
Table 47. Car Care Solvents Market, by Region, 2021-2031 ($Million)
Table 48. Car Care Solvents Market, by Region, 2021-2031 (Kiloton)
Table 49. North America Car Care Solvents Market, by Type, 2021-2031 ($Million)
Table 50. North America Car Care Solvents Market, by Type, 2021-2031 (Kiloton)
Table 51. North America Car Care Solvents Market, by Application, 2021-2031 ($Million)
Table 52. North America Car Care Solvents Market, by Application, 2021-2031 (Kiloton)
Table 53. North America Car Care Solvents Market, by End-Use, 2021-2031 ($Million)
Table 54. North America Car Care Solvents Market, by End-Use, 2021-2031 (Kiloton)
Table 55. North America Car Care Solvents Market, by Country, 2021-2031 ($Million)
Table 56. North America Car Care Solvents Market, by Country, 2021-2031 (Kiloton)
Table 57. U.S. Car Care Solvents Market, by Type, 2021-2031 ($Million)
Table 58. U.S. Car Care Solvents Market, by Type, 2021-2031 (Kiloton)
Table 59. U.S. Car Care Solvents Market, by Application, 2021-2031 ($Million)
Table 60. U.S. Car Care Solvents Market, by Application, 2021-2031 (Kiloton)
Table 61. U.S. Car Care Solvents Market, by End-Use, 2021-2031 ($Million)
Table 62. U.S. Car Care Solvents Market, by End-Use, 2021-2031 (Kiloton)
Table 63. Canada Car Care Solvents Market, by Type, 2021-2031 ($Million)
Table 64. Canada Car Care Solvents Market, by Type, 2021-2031 (Kiloton)
Table 65. Canada Car Care Solvents Market, by Application, 2021-2031 ($Million)
Table 66. Canada Car Care Solvents Market, by Application, 2021-2031 (Kiloton)
Table 67. Canada Car Care Solvents Market, by End-Use, 2021-2031 ($Million)
Table 68. Canada Car Care Solvents Market, by End-Use, 2021-2031 (Kiloton)
Table 69. Mexico Car Care Solvents Market, by Type, 2021-2031 ($Million)
Table 70. Mexico Car Care Solvents Market, by Type, 2021-2031 (Kiloton)
Table 71. Mexico Car Care Solvents Market, by Application, 2021-2031 ($Million)
Table 72. Mexico Car Care Solvents Market, by Application, 2021-2031 (Kiloton)
Table 73. Mexico Car Care Solvents Market, by End-Use, 2021-2031 ($Million)
Table 74. Mexico Car Care Solvents Market, by End-Use, 2021-2031 (Kiloton)
Table 75. Europe Car Care Solvents Market, by Type, 2021-2031 ($Million)
Table 76. Europe Car Care Solvents Market, by Type, 2021-2031 (Kiloton)
Table 77. Europe Car Care Solvents Market, by Application, 2021-2031 ($Million)
Table 78. Europe Car Care Solvents Market, by Application, 2021-2031 (Kiloton)
Table 79. Europe Car Care Solvents Market, by End-Use, 2021-2031 ($Million)
Table 80. Europe Car Care Solvents Market, by End-Use, 2021-2031 (Kiloton)
Table 81. Europe Car Care Solvents Market, by Country, 2021-2031 ($Million)
Table 82. Europe Car Care Solvents Market, by Country, 2021-2031 (Kiloton)
Table 83. Germany Car Care Solvents Market, by Type, 2021-2031 ($Million)
Table 84. Germany Car Care Solvents Market, by Type, 2021-2031 (Kiloton)
Table 85. Germany Car Care Solvents Market, by Application, 2021-2031 ($Million)
Table 86. Germany Car Care Solvents Market, by Application, 2021-2031 (Kiloton)
Table 87. Germany Car Care Solvents Market, by End-Use, 2021-2031 ($Million)
Table 88. Germany Car Care Solvents Market, by End-Use, 2021-2031 (Kiloton)
Table 89. UK Car Care Solvents Market, by Type, 2021-2031 ($Million)
Table 90. UK Car Care Solvents Market, by Type, 2021-2031 (Kiloton)
Table 91. UK Car Care Solvents Market, by Application, 2021-2031 ($Million)
Table 92. UK Car Care Solvents Market, by Application, 2021-2031 (Kiloton)
Table 93. UK Car Care Solvents Market, by End-Use, 2021-2031 ($Million)
Table 94. UK Car Care Solvents Market, by End-Use, 2021-2031 (Kiloton)
Table 95. France Car Care Solvents Market, by Type, 2021-2031 ($Million)
Table 96. France Car Care Solvents Market, by Type, 2021-2031 (Kiloton)
Table 97. France Car Care Solvents Market, by Application, 2021-2031 ($Million)
Table 98. France Car Care Solvents Market, by Application, 2021-2031 (Kiloton)
Table 99. France Car Care Solvents Market, by End-Use, 2021-2031 ($Million)
Table 100. France Car Care Solvents Market, by End-Use, 2021-2031 (Kiloton)
Table 101. Spain Car Care Solvents Market, by Type, 2021-2031 ($Million)
Table 102. Spain Car Care Solvents Market, by Type, 2021-2031 (Kiloton)
Table 103. Spain Car Care Solvents Market, by Application, 2021-2031 ($Million)
Table 104. Spain Car Care Solvents Market, by Application, 2021-2031 (Kiloton)
Table 105. Spain Car Care Solvents Market, by End-Use, 2021-2031 ($Million)
Table 106. Spain Car Care Solvents Market, by End-Use, 2021-2031 (Kiloton)
Table 107. Italy Car Care Solvents Market, by Type, 2021-2031 ($Million)
Table 108. Italy Car Care Solvents Market, by Type, 2021-2031 (Kiloton)
Table 109. Italy Car Care Solvents Market, by Application, 2021-2031 ($Million)
Table 110. Italy Car Care Solvents Market, by Application, 2021-2031 (Kiloton)
Table 111. Italy Car Care Solvents Market, by End-Use, 2021-2031 ($Million)
Table 112. Italy Car Care Solvents Market, by End-Use, 2021-2031 (Kiloton)
Table 113. Russia Car Care Solvents Market, by Type, 2021-2031 ($Million)
Table 114. Russia Car Care Solvents Market, by Type, 2021-2031 (Kiloton)
Table 115. Russia Car Care Solvents Market, by Application, 2021-2031 ($Million)
Table 116. Russia Car Care Solvents Market, by Application, 2021-2031 (Kiloton)
Table 117. Russia Car Care Solvents Market, by End-Use, 2021-2031 ($Million)
Table 118. Russia Car Care Solvents Market, by End-Use, 2021-2031 (Kiloton)
Table 119. Rest of Europe Car Care Solvents Market, by Type, 2021-2031 ($Million)
Table 120. Rest of Europe Car Care Solvents Market, by Type, 2021-2031 (Kiloton)
Table 121. Rest of Europe Car Care Solvents Market, by Application, 2021-2031 ($Million)
Table 122. Rest of Europe Car Care Solvents Market, by Application, 2021-2031 (Kiloton)
Table 123. Rest of Europe Car Care Solvents Market, by End-Use, 2021-2031 ($Million)
Table 124. Rest of Europe Car Care Solvents Market, by End-Use, 2021-2031 (Kiloton)
Table 125. Asia-Pacific Car Care Solvents Market, by Type, 2021-2031 ($Million)
Table 126. Asia-Pacific Car Care Solvents Market, by Type, 2021-2031 (Kiloton)
Table 127. Asia-Pacific Car Care Solvents Market, by Application, 2021-2031 ($Million)
Table 128. Asia-Pacific Car Care Solvents Market, by Application, 2021-2031 (Kiloton)
Table 129. Asia-Pacific Car Care Solvents Market, by End-Use, 2021-2031 ($Million)
Table 130. Asia-Pacific Car Care Solvents Market, by End-Use, 2021-2031 (Kiloton)
Table 131. Asia-Pacific Car Care Solvents Market, by Country, 2021-2031 ($Million)
Table 132. Asia-Pacific Car Care Solvents Market, by Country, 2021-2031 (Kiloton)
Table 133. China Car Care Solvents Market, by Type, 2021-2031 ($Million)
Table 134. China Car Care Solvents Market, by Type, 2021-2031 (Kiloton)
Table 135. China Car Care Solvents Market, by Application, 2021-2031 ($Million)
Table 136. China Car Care Solvents Market, by Application, 2021-2031 (Kiloton)
Table 137. China Car Care Solvents Market, by End-Use, 2021-2031 ($Million)
Table 138. China Car Care Solvents Market, by End-Use, 2021-2031 (Kiloton)
Table 139. India Car Care Solvents Market, by Type, 2021-2031 ($Million)
Table 140. India Car Care Solvents Market, by Type, 2021-2031 (Kiloton)
Table 141. India Car Care Solvents Market, by Application, 2021-2031 ($Million)
Table 142. India Car Care Solvents Market, by Application, 2021-2031 (Kiloton)
Table 143. India Car Care Solvents Market, by End-Use, 2021-2031 ($Million)
Table 144. India Car Care Solvents Market, by End-Use, 2021-2031 (Kiloton)
Table 145. Japan Car Care Solvents Market, by Type, 2021-2031 ($Million)
Table 146. Japan Car Care Solvents Market, by Type, 2021-2031 (Kiloton)
Table 147. Japan Car Care Solvents Market, by Application, 2021-2031 ($Million)
Table 148. Japan Car Care Solvents Market, by Application, 2021-2031 (Kiloton)
Table 149. Japan Car Care Solvents Market, by End-Use, 2021-2031 ($Million)
Table 150. Japan Car Care Solvents Market, by End-Use, 2021-2031 (Kiloton)
Table 151. South Korea Car Care Solvents Market, by Type, 2021-2031 ($Million)
Table 152. South Korea Car Care Solvents Market, by Type, 2021-2031 (Kiloton)
Table 153. South Korea Car Care Solvents Market, by Application, 2021-2031 ($Million)
Table 154. South Korea Car Care Solvents Market, by Application, 2021-2031 (Kiloton)
Table 155. South Korea Car Care Solvents Market, by End-Use, 2021-2031 ($Million)
Table 156. South Korea Car Care Solvents Market, by End-Use, 2021-2031 (Kiloton)
Table 157. Australia Car Care Solvents Market, by Type, 2021-2031 ($Million)
Table 158. Australia Car Care Solvents Market, by Type, 2021-2031 (Kiloton)
Table 159. Australia Car Care Solvents Market, by Application, 2021-2031 ($Million)
Table 160. Australia Car Care Solvents Market, by Application, 2021-2031 (Kiloton)
Table 161. Australia Car Care Solvents Market, by End-Use, 2021-2031 ($Million)
Table 162. Australia Car Care Solvents Market, by End-Use, 2021-2031 (Kiloton)
Table 163. Rest of Asia-Pacific Car Care Solvents Market, by Type, 2021-2031 ($Million)
Table 164. Rest of Asia-Pacific Car Care Solvents Market, by Type, 2021-2031 (Kiloton)
Table 165. Rest of Asia-Pacific Car Care Solvents Market, by Application, 2021-2031 ($Million)
Table 166. Rest of Asia-Pacific Car Care Solvents Market, by Application, 2021-2031 (Kiloton)
Table 167. Rest of Asia-Pacific Car Care Solvents Market, by End-Use, 2021-2031 ($Million)
Table 168. Rest of Asia-Pacific Car Care Solvents Market, by End-Use, 2021-2031 (Kiloton)
Table 169. LAMEA Car Care Solvents Market, by Type, 2021-2031 ($Million)
Table 170. LAMEA Car Care Solvents Market, by Type, 2021-2031 (Kiloton)
Table 171. LAMEA Car Care Solvents Market, by Application, 2021-2031 ($Million)
Table 172. LAMEA Car Care Solvents Market, by Application, 2021-2031 (Kiloton)
Table 173. LAMEA Car Care Solvents Market, by End-Use, 2021-2031 ($Million)
Table 174. LAMEA Car Care Solvents Market, by End-Use, 2021-2031 (Kiloton)
Table 175. LAMEA Car Care Solvents Market, by Country, 2021-2031 ($Million)
Table 176. LAMEA Car Care Solvents Market, by Country, 2021-2031 (Kiloton)
Table 177. Brazil Car Care Solvents Market, by Type, 2021-2031 ($Million)
Table 178. Brazil Car Care Solvents Market, by Type, 2021-2031 (Kiloton)
Table 179. Brazil Car Care Solvents Market, by Application, 2021-2031 ($Million)
Table 180. Brazil Car Care Solvents Market, by Application, 2021-2031 (Kiloton)
Table 181. Brazil Car Care Solvents Market, by End-Use, 2021-2031 ($Million)
Table 182. Brazil Car Care Solvents Market, by End-Use, 2021-2031 (Kiloton)
Table 183. Saudi Arabia Car Care Solvents Market, by Type, 2021-2031 ($Million)
Table 184. Saudi Arabia Car Care Solvents Market, by Type, 2021-2031 (Kiloton)
Table 185. Saudi Arabia Car Care Solvents Market, by Application, 2021-2031 ($Million)
Table 186. Saudi Arabia Car Care Solvents Market, by Application, 2021-2031 (Kiloton)
Table 187. Saudi Arabia Car Care Solvents Market, by End-Use, 2021-2031 ($Million)
Table 188. Saudi Arabia Car Care Solvents Market, by End-Use, 2021-2031 (Kiloton)
Table 189. South Africa Car Care Solvents Market, by Type, 2021-2031 ($Million)
Table 190. South Africa Car Care Solvents Market, by Type, 2021-2031 (Kiloton)
Table 191. South Africa Car Care Solvents Market, by Application, 2021-2031 ($Million)
Table 192. South Africa Car Care Solvents Market, by Application, 2021-2031 (Kiloton)
Table 193. South Africa Car Care Solvents Market, by End-Use, 2021-2031 ($Million)
Table 194. South Africa Car Care Solvents Market, by End-Use, 2021-2031 (Kiloton)
Table 195. Rest of LAMEA Car Care Solvents Market, by Type, 2021-2031 ($Million)
Table 196. Rest of LAMEA Car Care Solvents Market, by Type, 2021-2031 (Kiloton)
Table 197. Rest of LAMEA Car Care Solvents Market, by Application, 2021-2031 ($Million)
Table 198. Rest of LAMEA Car Care Solvents Market, by Application, 2021-2031 (Kiloton)
Table 199. Rest of LAMEA Car Care Solvents Market, by End-Use, 2021-2031 ($Million)
Table 200. Rest of LAMEA Car Care Solvents Market, by End-Use, 2021-2031 (Kiloton)
Table 201. Rust-Oleum: Company Snapshot
Table 202. Rust-Oleum: Operating Segments
Table 203. Rust-Oleum: Product Portfolio
Table 204. Rust-Oleum: Net Sales,
Table 205. Rust-Oleum: Key Strategies
Table 206. Ineos: Company Snapshot
Table 207. Ineos: Operating Segments
Table 208. Ineos: Product Portfolio
Table 209. Ineos: Net Sales,
Table 210. Ineos: Key Strategies
Table 211. Eastman Chemical Company: Company Snapshot
Table 212. Eastman Chemical Company: Operating Segments
Table 213. Eastman Chemical Company: Product Portfolio
Table 214. Eastman Chemical Company: Net Sales,
Table 215. Eastman Chemical Company: Key Strategies
Table 216. Penn Tool Co. Inc.: Company Snapshot
Table 217. Penn Tool Co. Inc.: Operating Segments
Table 218. Penn Tool Co. Inc.: Product Portfolio
Table 219. Penn Tool Co. Inc.: Net Sales,
Table 220. Penn Tool Co. Inc.: Key Strategies
Table 221. Dow: Company Snapshot
Table 222. Dow: Operating Segments
Table 223. Dow: Product Portfolio
Table 224. Dow: Net Sales,
Table 225. Dow: Key Strategies
Table 226. Knowde Group: Company Snapshot
Table 227. Knowde Group: Operating Segments
Table 228. Knowde Group: Product Portfolio
Table 229. Knowde Group: Net Sales,
Table 230. Knowde Group: Key Strategies
Table 231. Sunnyside Corporation: Company Snapshot
Table 232. Sunnyside Corporation: Operating Segments
Table 233. Sunnyside Corporation: Product Portfolio
Table 234. Sunnyside Corporation: Net Sales,
Table 235. Sunnyside Corporation: Key Strategies
Table 236. Momar: Company Snapshot
Table 237. Momar: Operating Segments
Table 238. Momar: Product Portfolio
Table 239. Momar: Net Sales,
Table 240. Momar: Key Strategies
Table 241. Auto-Wares Group of Companies: Company Snapshot
Table 242. Auto-Wares Group of Companies: Operating Segments
Table 243. Auto-Wares Group of Companies: Product Portfolio
Table 244. Auto-Wares Group of Companies: Net Sales,
Table 245. Auto-Wares Group of Companies: Key Strategies
Table 246. Exxon Mobil Corporation: Company Snapshot
Table 247. Exxon Mobil Corporation: Operating Segments
Table 248. Exxon Mobil Corporation: Product Portfolio
Table 249. Exxon Mobil Corporation: Net Sales,
Table 250. Exxon Mobil Corporation: Key Strategies
Table 251. Ducan Automotive: Company Snapshot
Table 252. Ducan Automotive: Operating Segments
Table 253. Ducan Automotive: Product Portfolio
Table 254. Ducan Automotive: Net Sales,
Table 255. Ducan Automotive: Key Strategies
Table 256. Recochem Corporation: Company Snapshot
Table 257. Recochem Corporation: Operating Segments
Table 258. Recochem Corporation: Product Portfolio
Table 259. Recochem Corporation: Net Sales,
Table 260. Recochem Corporation: Key Strategies
Table 261. Solventis: Company Snapshot
Table 262. Solventis: Operating Segments
Table 263. Solventis: Product Portfolio
Table 264. Solventis: Net Sales,
Table 265. Solventis: Key Strategies
Table 266. Basf Se: Company Snapshot
Table 267. Basf Se: Operating Segments
Table 268. Basf Se: Product Portfolio
Table 269. Basf Se: Net Sales,
Table 270. Basf Se: Key Strategies
Table 271. Reladyne LLC.: Company Snapshot
Table 272. Reladyne LLC.: Operating Segments
Table 273. Reladyne LLC.: Product Portfolio
Table 274. Reladyne LLC.: Net Sales,
Table 275. Reladyne LLC.: Key Strategies

List of Figures
Figure 1. Car Care Solvents Market Segmentation
Figure 2. Car Care Solvents Market, 2021-2031
Figure 3. Car Care Solvents Market, 2021-2031
Figure 4. Top Investment Pockets, by Region
Figure 5. Porter Five-1
Figure 6. Porter Five-2
Figure 7. Porter Five-3
Figure 8. Porter Five-4
Figure 9. Porter Five-5
Figure 10. Top Player Positioning
Figure 11. Car Care Solvents Mark.:Drivers, Restraints and Opportunities
Figure 12. Pricing Analysis
Figure 13. Value Chain Analysis
Figure 14. Key Regulation Analysis
Figure 15. Patent Analysis by Company
Figure 16. Patent Analysis by Country
Figure 17. Car Care Solvents Market, By Type, 2021(%)
Figure 18. Comparative Share Analysis of Acetone Car Care Solvents Market, 2021-2031(%)
Figure 19. Comparative Share Analysis of Mineral Spirits Car Care Solvents Market, 2021-2031(%)
Figure 20. Comparative Share Analysis of Toluene Car Care Solvents Market, 2021-2031(%)
Figure 21. Comparative Share Analysis of Isopropyl Alcohol Car Care Solvents Market, 2021-2031(%)
Figure 22. Comparative Share Analysis of Propylene Glycol Car Care Solvents Market, 2021-2031(%)
Figure 23. Comparative Share Analysis of Others Car Care Solvents Market, 2021-2031(%)
Figure 24. Car Care Solvents Market, By Application, 2021(%)
Figure 25. Comparative Share Analysis of Interior Car Care Solvents Market, 2021-2031(%)
Figure 26. Comparative Share Analysis of Exterior Car Care Solvents Market, 2021-2031(%)
Figure 27. Car Care Solvents Market, By End-Use, 2021(%)
Figure 28. Comparative Share Analysis of Service Centres and Garages Car Care Solvents Market, 2021-2031(%)
Figure 29. Comparative Share Analysis of Personal Car Care Solvents Market, 2021-2031(%)
Figure 30. Car Care Solvents Market by Region, 2021
Figure 31. U.S. Car Care Solvents Market, 2021-2031($Million)
Figure 32. Canada Car Care Solvents Market, 2021-2031($Million)
Figure 33. Mexico Car Care Solvents Market, 2021-2031($Million)
Figure 34. Germany Car Care Solvents Market, 2021-2031($Million)
Figure 35. Uk Car Care Solvents Market, 2021-2031($Million)
Figure 36. France Car Care Solvents Market, 2021-2031($Million)
Figure 37. Spain Car Care Solvents Market, 2021-2031($Million)
Figure 38. Italy Car Care Solvents Market, 2021-2031($Million)
Figure 39. Russia Car Care Solvents Market, 2021-2031($Million)
Figure 40. Rest of Europe Car Care Solvents Market, 2021-2031($Million)
Figure 41. China Car Care Solvents Market, 2021-2031($Million)
Figure 42. India Car Care Solvents Market, 2021-2031($Million)
Figure 43. Japan Car Care Solvents Market, 2021-2031($Million)
Figure 44. South Korea Car Care Solvents Market, 2021-2031($Million)
Figure 45. Australia Car Care Solvents Market, 2021-2031($Million)
Figure 46. Rest of Asia-Pacific Car Care Solvents Market, 2021-2031($Million)
Figure 47. Brazil Car Care Solvents Market, 2021-2031($Million)
Figure 48. Saudi Arabia Car Care Solvents Market, 2021-2031($Million)
Figure 49. South Africa Car Care Solvents Market, 2021-2031($Million)
Figure 50. Rest of LAMEA Car Care Solvents Market, 2021-2031($Million)
Figure 51. Top Winning Strategies, by Year
Figure 52. Top Winning Strategies, by Development
Figure 53. Top Winning Strategies, by Company
Figure 54. Product Mapping of Top 10 Players
Figure 55. Competitive Dashboard
Figure 56. Competitive Heatmap of Top 10 Key Players
Figure 57. Rust-Oleu.: Net Sales, ($Million)
Figure 58. Ineo.: Net Sales, ($Million)
Figure 59. Eastman Chemical Compan.: Net Sales, ($Million)
Figure 60. Penn Tool Co. Inc.: Net Sales, ($Million)
Figure 61. Do.: Net Sales, ($Million)
Figure 62. Knowde Grou.: Net Sales, ($Million)
Figure 63. Sunnyside Corporatio.: Net Sales, ($Million)
Figure 64. Moma.: Net Sales, ($Million)
Figure 65. Auto-Wares Group of Companie.: Net Sales, ($Million)
Figure 66. Exxon Mobil Corporatio.: Net Sales, ($Million)
Figure 67. Ducan Automotiv.: Net Sales, ($Million)
Figure 68. Recochem Corporatio.: Net Sales, ($Million)
Figure 69. Solventi.: Net Sales, ($Million)
Figure 70. Basf S.: Net Sales, ($Million)
Figure 71. Reladyne LLC.: Net Sales, ($Million)

Executive Summary

According to the report, “Car Care Solvents Market," the car care solvents market size was valued at $1.1 billion in 2021, and is estimated to reach $2.0 billion by 2031, growing at a CAGR of 6.3% from 2022 to 2031.

Car care solvents are high-performing chemicals used to enhance the aesthetic appearance of cars and improve durability of the vehicles. They are widely utilized for car cleaning, refinishing, paint restoration, car polishing, and other applications.

The steadily growing application of a wide range of car care solvents such as acetone, toluene, mineral spirits, and others, for automotive cleaning, paint restoration, car detailing, degreasing, and other applications is the major key car care solvents market trend. Furthermore, factors such as rise in disposable income coupled with increase in number of authorized and non-authorized service centers in both developed and developing economies where car solvents are widely employed for maintenance and repair-related activities may contribute to the growth of the car care solvent market.

However, health-related disorders associated with the use of car care solvents are expected to hamper the car care solvents market growth during the forecast period.

On the contrary, the adoption of e-commerce platforms by several car care solvent manufacturers such as Rust-Oleum, CRC Industries, Sunnyside Corporation, and others, may increase the sales of car care solvents; thus, creating lucrative opportunities for the market.

The car care solvent market is segmented on the basis of type, application, end use, and region. By type, the market is segregated into acetone, mineral spirits, toluene, isopropyl alcohol, propylene glycol, and others. The acetone segment dominated the global market in terms of revenue in 2021, with 23.46% of the total share. This is attributed to the fact that acetone possesses excellent significant properties such as quick evaporation, cleaning effectiveness, and thinning that make it best-suited for use as a car care solvent for paint restoration, cleaning, stain removal, degreasing, and other applications.

By application, the market is divided into interior, and exterior. The interior segment dominated the global market in terms of revenue in 2021, with 53.73% of the total share. This is attributed to increase in disposable income coupled with rise in customer preference toward having luxury car interior have surged the utilization of various car care solvents such as acetone, mineral spirits, and others. Moreover, increase in awareness for hygiene-related activities have surged the need for isopropyl alcohol used for killing bacteria and viruses in car interiors. These factors altogether may augment the growth of the car care solvents market for car interior applications.

By end use, the market is divided into service centers and garages, and personal. The service centers and garages segment dominated the global market in terms of revenue in 2021, with 79.67% of the total share. This is attributed to increasing investment of customers on repair & maintenance activities, which in turn has surged the demand for car care solvents used for degreasing, paint restoration, and other purposes in the service centers and garages.

Region-wise, the car care solvents market analysis is carried out across North America, Europe, Asia-Pacific, and LAMEA. The Asia-Pacific car care solvent market is projected to grow at the highest CAGR during the forecast period, and accounted for a major car care solvent market share in 2021, owing to increase in involvement of original equipment manufacturers (OEMs) in the aftermarket industry combined with the consolidation of car care solvent distributors promotes the growth of the market in the region. Moreover, factors such as growth in automotive industry and retail sectors, owing to significant rise in per capita income and rapid urbanization drives the market growth.

Key players holding in the global car care solvents market share include, BASF SE, Car Clean Products NZ Ltd., CRC Industries, DOW INC., Eastman Chemical Company, Exxon Mobil Corporation, INEOS, Kleanstrip, Momar Inc., Recochem Corporation, RelaDyne LLC, Rust-Oleum, Solventis, Sunnyside Corporation, and Solvents & Petroleum Service, Inc.

COVID-19 analysis

The novel coronavirus is an incomparable global pandemic that has spread to over 180 countries and caused huge losses of lives and the economy around the globe. The COVID-19 crisis creates uncertainty in every market, including the automotive sector. According to a report published by Society of Indian Automobile Manufacturers (SIAM), sale of passenger cars declined by 51% in March 2020. Also, several car care solvent manufacturing companies either shutdown or shrank their operations due to the risk of infections among the workforce. This temporarily hampered the demand-supply chain of car care solvents industry amid the COVID-19 period. Furthermore, to control the surge of novel coronavirus cases, there was a drastic shift of investments from other sectors toward healthcare. In addition, the falling income of customers has decreased the demand for automotive maintenance & repair products. Furthermore, the car care solvent manufacturing industry has faced various problems related to transportation, the non-availability of a skilled workforce, and reduced export/import orders amid the COVID-19 period. This has led the car care solvent market to witness a downfall in demand. Moreover, more than 100 countries locked their international borders for transportation and non-essential trade activities, which hampered the supply-demand chain of the car care solvent market during the COVID-19 scenario.

In 2020, car care solvent prices were high in Asia-Pacific region. The price rise was due to continued regional demand trends and tight product availability. Firm downstream demand for car care solvent and stronger upstream costs are expected to sustain the price gain.

However, increasing awareness for car cleaning and maintenance-related activities among car owners may surge the popularity of car care solvents post COVID-19 scenario. Moreover, the overall service activities of market players have registered a steady and favorable recovery in the subsequent months with increase in the sales of passenger cars. For instance, according to an article published by Business Today in March 2021, Maruti Suzuki witnessed a growth of 8.3% with 144,761 units being sold out while Hyundai witnessed a 29% jump with 51,600 units being sold out in February 2021. This is predicted to enhance the performance of the car care solvent market post COVID-19 period.

Key Findings of the Study

  • By type, the acetone segment is anticipated to register the highest CAGR of 6.6% during the forecast period.
  • By application, the interior segment is estimated to display the highest growth rate, in terms of revenue, registering a CAGR of 6.1% from 2022 to 2031.
  • By end use, the service centers and garages segment is estimated to display the highest growth rate, in terms of revenue, registering a CAGR of 6.3% from 2022 to 2031.
  • By region, Asia-Pacific garnered the highest share of 46.1% in 2021, in terms of revenue, growing at a CAGR of 6.8%.

Companies Mentioned

  • Rust-Oleum
  • INEOS
  • Eastman Chemical Company
  • Penn Tool Co. Inc.
  • Dow
  • Knowde Group
  • sunnyside corporation
  • MOMAR
  • Auto-Wares Group of Companies
  • Exxon Mobil Corporation
  • Ducan Automotive
  • Recochem Corporation
  • Solventis
  • BASF SE
  • RelaDyne LLC.

Methodology

The analyst offers exhaustive research and analysis based on a wide variety of factual inputs, which largely include interviews with industry participants, reliable statistics, and regional intelligence. The in-house industry experts play an instrumental role in designing analytic tools and models, tailored to the requirements of a particular industry segment. The primary research efforts include reaching out participants through mail, tele-conversations, referrals, professional networks, and face-to-face interactions.

They are also in professional corporate relations with various companies that allow them greater flexibility for reaching out to industry participants and commentators for interviews and discussions.

They also refer to a broad array of industry sources for their secondary research, which typically include; however, not limited to:

  • Company SEC filings, annual reports, company websites, broker & financial reports, and investor presentations for competitive scenario and shape of the industry
  • Scientific and technical writings for product information and related preemptions
  • Regional government and statistical databases for macro analysis
  • Authentic news articles and other related releases for market evaluation
  • Internal and external proprietary databases, key market indicators, and relevant press releases for market estimates and forecast

Furthermore, the accuracy of the data will be analyzed and validated by conducting additional primaries with various industry experts and KOLs. They also provide robust post-sales support to clients.

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